RMB Mauritius secures loan, months after dollar debt transfer

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RMB Mauritius secures loan, months after dollar debt transfer

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GDN5KF Rand Merchant Bank Building, Sandton, Johannesburg, Gauteng, South Africa | Alamy Stock Photo

Rand Merchant Bank International Mauritius (RMBIM) has secured a $400m syndicated loan from international lenders, months after a transfer of dollar debt from FirstRand Bank. The deal marks the latest in a series of loans raised by South African banks this year.

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